Bioelectronics Corp (BIEL)

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The "pangs of atonement" is a classic 'I want more shares but I want them at a lower price' play.

Neither IBEX nor St John's are going to give away the rights to shares which would leave BIEL open to a takeover, get over it. KW and PW know that the only way they get their loans repaid is if BIEL becomes a thriving company. The Deals have been made to accomplish this.

BIEL has 3 "Long Term Contracts", Signed OEM Deals, with "Major Companies" in the US and a Licensing Deal with a "Major International Company".

Make no mistake, there are raiders who would love to gain control of BIEL and its 4 lucrative new Deals.



https://www.globenewswire.com/news-release/2020/08/10/2075545/0/en/BioElectronics-Chairman-Outlines-New-Direction-for-Company.html